Zhongchao Inc (ZCMD) - Total Assets
Based on the latest financial reports, Zhongchao Inc (ZCMD) holds total assets worth $26.31 Million USD as of June 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Zhongchao Inc - Total Assets Trend (2017–2024)
This chart illustrates how Zhongchao Inc's total assets have evolved over time, based on quarterly financial data. Also see Zhongchao Inc (ZCMD) total market value for the company's overall valuation and market capitalisation.
Zhongchao Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Zhongchao Inc's total assets of $26.31 Million consist of 72.3% current assets and 27.7% non-current assets. Review Zhongchao Inc (ZCMD) financial obligations to assess the company's total debt and financial obligations.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 30.3% |
| Accounts Receivable | $4.78 Million | 18.5% |
| Inventory | $586.22K | 2.3% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $12.18K | 0.1% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how Zhongchao Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. See Zhongchao Inc (ZCMD) share price today for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Zhongchao Inc's current assets represent 72.3% of total assets in 2024, a decrease from 91.9% in 2017.
- Cash Position: Cash and equivalents constituted 30.3% of total assets in 2024, down from 42.7% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 18.5% of total assets.
Zhongchao Inc Competitors by Total Assets
Key competitors of Zhongchao Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Carasent ASA
ST:CARA
|
Sweden | Skr973.10 Million |
|
SyntekaBio Inc
KQ:226330
|
Korea | ₩43.69 Billion |
|
Trivarx Ltd
AU:TRI
|
Australia | AU$16.53 Million |
|
Tali Digital Ltd
AU:TD1
|
Australia | AU$2.77 Million |
|
Oakridge International Ltd
AU:OAK
|
Australia | AU$2.11 Million |
|
Pro Medicus Ltd
AU:PME
|
Australia | AU$533.91 Million |
|
ARTRYA Ltd
AU:AYA
|
Australia | AU$92.19 Million |
|
Cogstate Ltd
AU:CGS
|
Australia | AU$64.77 Million |
Zhongchao Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 8.15 | 6.05 | 9.92 |
| Quick Ratio | 8.15 | 5.94 | 9.92 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $16.77 Million | $13.94 Million | $26.61 Million |
Zhongchao Inc - Advanced Valuation Insights
This section examines the relationship between Zhongchao Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.80 |
| Latest Market Cap to Assets Ratio | 0.63 |
| Asset Growth Rate (YoY) | 6.0% |
| Total Assets | $25.88 Million |
| Market Capitalization | $16.26 Million USD |
Valuation Analysis
Below Book Valuation: The market values Zhongchao Inc's assets below their book value (0.63x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Zhongchao Inc's assets grew by 6.0% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Zhongchao Inc (2017–2024)
The table below shows the annual total assets of Zhongchao Inc from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $25.88 Million | +6.01% |
| 2023-12-31 | $24.42 Million | -36.77% |
| 2022-12-31 | $38.61 Million | +6.47% |
| 2021-12-31 | $36.27 Million | +4.17% |
| 2020-12-31 | $34.82 Million | +96.28% |
| 2019-12-31 | $17.74 Million | +26.28% |
| 2018-12-31 | $14.05 Million | +101.35% |
| 2017-12-31 | $6.98 Million | -- |
About Zhongchao Inc
Zhongchao Inc. provides healthcare information, education, and training services to healthcare professionals under their MDMOOC brand in the People's Republic of China. It operates through two segments, MDMOOC services, and Sales of Patented Drugs. The company offers patient management services in the tumor and rare diseases field, internet healthcare services, and pharmaceutical services, and op… Read more